Loading...
HomeMy WebLinkAboutItem 18 - ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs Human Resources www.santa-ana.org/human-resources Item # 18 City of Santa Ana 20 Civic Center Plaza, Santa Ana, CA 92701 Staff Report August 1, 2023 TOPIC: ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs AGENDA TITLE Approve Renewal of Joint Powers Authority Agreement between the City of Santa Ana and Independent Cities Risk Management Authority (ICRMA), and Agreement between the City of Santa Ana and Arthur J. Gallagher and Approve Appropriation, Associated Insurance Premiums, Costs, Programs, and Regulatory Fees for an Amount Not to Exceed $11,625,000 (Non-General Fund) RECOMMENDED ACTION 1. Authorize the City Manager to approve the Agreement between the City of Santa Ana (“City”) and Arthur J. Gallagher, broker of record, from July 1, 2023 to June 30, 2024, for insurance brokerage services, subject to non-substantive changes approved by the City Manager and City Attorney. 2. Authorize the City Manager to approve payment of insurance premiums and associated programs to ICRMA in an amount not to exceed $7,500,000 protection of City assets, from July 1, 2023 to June 30, 2024 including but not limited to: a. Excess Liability Program b. Excess Workers’ Compensation Program c. Auto Physical Damage Program d. Property and Equipment Program e. Crime Program f. Cyber Program g. Associated Programs 3. Authorize the City Manager to approve payment of insurance premiums to Arthur J. Gallagher, Broker, in an amount not to exceed $3,325,000 for ancillary coverages of City’s assets, from July 1, 2023 to June 30, 2024 including but not limited to: a. General Liability Buffer Program b. Workers’ Compensation Buffer Program c. Earth Movement & Flood and Difference in Coverage Program d. Terrorism Insurance Program e. Underground Storage Tank and Environmental Program ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs August 1, 2023 Page 2 3 6 3 5 4. Authorize the City Manager to approve funding to cover FY 2023/24 City Special Events Insurance for events including but not limited to Fourth of July fireworks show, winter events, and other City-sponsored events as created and held, in an amount not to exceed $300,000. 5. Authorize the City Manager to approve the City’s obligation to pay the State of California DIR estimated assessment in the amount not to exceed $500,000. 6. Approval of the Appropriation Adjustment will recognize $1,300,000 in Liability and Property Insurance Revenue, Prior Year Carryforward revenue account (No. 08009002-50001) and appropriate the same amount into the Liability & Property insurance account (No. 08009051-64010). (Requires five affirmative votes) DISCUSSION Staff is recommending renewal with ICRMA, a joint powers authority formed in 1980 in accordance with California Government Code Section 6500. ICRMA’s purpose is to provide: 1) excess and re-insurance to protect members from extensive financial debt due to large claims, settlements, and judgments, 2) group insurance purchasing power that can offer broader coverage at a lower cost, 3) rate stability, and 4) protect individual member cities through pooling of losses and self-insurance. ICRMA also offers to its members actuarial services, appraisal services, loss control assessments and recommendations, safety trainings, claims audits, contract risk transfer consultation, and other services and resources. Currently comprised of 14 California cities, Santa Ana joined ICRMA in July 2019. For this renewal period: •The City’s Workers’ Compensation coverage experienced an increase of approximately thirteen percent (13%). •The City’s Liability and Property premiums increased approximately twenty-one percent (21%). •The City’s Cyber experienced a 10% decrease in premium along with enhanced coverages. Cost of insurance continues to increase primarily due to the following ongoing reasons: 1. An insurance market with continually decreasing excess carriers willing to quote municipal government entities in California, primarily those with Police departments; 2. A continuing rise in jury awards and settlement amounts; 3. A rising amount of ADA claims in both cyber and physical environments; 4. The continual rise in frequency of vehicle collisions and costs for repair and replacement of damaged vehicles, property, and equipment; 5. Aging City infrastructure including sidewalks, streets, and buildings; and 6. Increasing instances of sexual molestation and abuse. ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs August 1, 2023 Page 3 3 6 3 5 QUOTED & ESTIMATED PREMIUMS & FEES WORKERS’ COMPENSATION COVERAGES FY 2021/22 FY 2022/23 FY 2023/24 Excess Pool Workers’ Compensation Program $ 298,553 $ 345,678 $ 415,464 Excess Workers’ Compensation Buffer $ 240,118 $ 257,356 $ 264,085 Total $ 538,671 $ 603,034 $ 679,549 Percent Change -7%12%13% LIABILITY AND PROPERTY COVERAGES FY 2021/22 FY 2022/23 FY 2023/24 Excess Pool Liability Program $ 3,936,181 $ 5,123,142 $ 6,070,925 Auto Physical Damage Program $ 119,215 $ 129,488 $ 145,108 Property & Equipment Program $ 472,724 $ 485,380 $ 593,557 Crime Program $ 11,914 $ 14,233 $ 15,394 Cyber Program $ 66,441 $ 111,964 $ 100,445 Excess Liability Buffer $ 993,265 $ 1,233,321 $ 1,743,398 DIC Earth Movement & Flood $ 985,856 $ 1,126,819 $ 1,283,147 Terrorism $ 12,330 $ 13,164 $ 13,723 Underground Storage Tanks- Environmental $ 10,157 $ 11,112 $ 12,761 Total $ 6,608,083 $ 8,248,623 $ 9,978,458 Percent Change 69%25%21% FY 2021/22 FY 2022/23 FY 2023/24 City Special Events Insurance $ 300,000 State of California DIR $ 500,000 Total $ 11,458,007 ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT The recommended action includes appropriating $1.3 million of the General Liability fund balance. The following table compares the most recent actuarial valuation for claims liability to the estimated fund balances in the Workers Compensation and General Liability funds. Actuarial estimates of the liability are more than the City has on deposit. ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs August 1, 2023 Page 4 3 6 3 5 Workers Compensation General Liability Actuarial Valuation as of June 30, 2023 $44,631,000 $26,456,000 Estimated fund balance as of June 30, 2023 $16,739,939 $14,190,056 Estimated Shortfall $27,891,061 $12,265,944 After appropriation adjustment, the following table summarizes the funds budgeted and available for estimated premium and administrative costs. Fiscal Year Accounting Unit – Account No Fund Description Accounting Unit – Account No. Description Amount 2023-24 08209054-64010 Workers Compensation Workers Compensation, Insurance Payment $ 1,300,000 2023-24 08009051-64010 Liability & Property Insurance Liability & Property Insurance, Insurance Payment $ 9,036,300 APPROPRIATION ADJUSTMENT 2023-24 08009051-64010 Liability & Property Insurance Liability & Property Insurance, Insurance Payment $ 1,300,000 Total:$ 11,636,300 EXHIBIT(S) 1. Agreement with Arthur J. Gallagher Insurance Brokers of California, Inc. For Insurance Broker Services, Client Service Agreement Submitted By: Jason Motsick, Executive Director Human Resources Approved By: Kristine Ridge, City Manager AGREEMENT FOR CONSULTANT SERVICES BETWEEN CITY OF SANTA ANA AND ARTHUR J. GALLAGHER RISK MANAGEMENT SERVICES LLC INSURANCE BROKER SERVICES THIS AGREEMENT is made and effective as of August 1, 2023 between the City of Santa Ana, a municipal corporation (hereinafter referred to as “City"), and Arthur J. Gallagher Risk Management Services LLC, a Delaware limited liability company (hereinafter referred to as "Consultant"). City and Consultant are also referred to collectively as “the Parties” or singularly as a “Party.” In consideration of the mutual covenants and conditions set forth herein, the Parties agree as follows: 1.TERM This Agreement shall commence on August 1, 2023, and shall remain and continue in effect until tasks described herein are completed, but in no event later than August 31, 2026 unless sooner terminated pursuant to the provisions of this Agreement. The Parties acknowledge that Consultant has been providing services since July 1, 2023. This Agreement can be canceled by either Party with thirty (30) days written notice to the other Party. 2.SERVICES Consultant shall perform insurance brokerage services for the placement of the City of Santa Ana’s insurance programs as outlined in Exhibit A. 3.PERFORMANCE Consultant shall at all times faithfully, competently and to the best of his or her ability, experience, and talent, perform all tasks described herein. Consultant shall employ, at a minimum, generally accepted standards and practices utilized by persons engaged in providing similar services as are required of Consultant hereunder in meeting its obligations under this Agreement. 4.PAYMENT a.The City agrees to pay Consultant for insurance premiums invoiced for insurance placements. b.Consultant will submit invoices for insurance premiums. Invoices shall be submitted once insurance coverage is bound. Payment shall be made within thirty (30) days of receipt of each invoice as to all non-disputed fees. If the City disputes any of Consultant's fees, it shall give written notice to Consultant within thirty (30) days of receipt of an invoice of any disputed fees set forth on the invoice. 5.LEGAL RESPONSIBILITIES The Consultant shall keep itself informed of all local, State and Federal ordinances, laws and regulations which in any manner affect those employed by it or in any way affect the performance of its service pursuant to this Agreement. The Consultant shall at all times observe and comply with all such ordinances, laws and regulations. The City, and its officers and employees, shall not be liable at law or in equity occasioned by failure of the Consultant to comply with this section. 6. RELEASE OF INFORMATION a. All information gained by Consultant in performance of this Agreement shall be considered confidential and shall not be released by Consultant without City's prior written authorization. Consultant, its officers, employees, agents or subcontractors, shall not without written authorization from Risk Management Department or unless requested by the City Attorney, voluntarily provide declarations, letters of support, testimony at depositions, response to interrogatories or other information concerning the work performed under this Agreement or relating to any project or property located within the City. Response to a subpoena or court order shall not be considered "voluntary" provided Consultant gives City notice of such court order or subpoena. b. Consultant shall promptly notify City should Consultant, its officers, employees, agents or subcontractors be served with any summons, complaint, subpoena, notice of deposition, request for documents, interrogatories, request for admissions or other discovery request, court order or subpoena from any party regarding this Agreement and the work performed there under or with respect to any project or property located within the City. City retains the right, but has no obligation, to represent Consultant and/or be present at any deposition, hearing or similar proceeding. Consultant agrees to cooperate fully with City and to provide City with the opportunity to review any response to discovery requests provided by Consultant. However, City's right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response. 7. NOTICES Any notices which either party may desire to give to the other party under this Agreement must be in writing and may be given either by (i) personal service, (ii) delivery by a reputable document delivery service, such as but not limited to, Federal Express, that provides a receipt showing date and time of delivery, or (iii) mailing in the United States Mail, certified mail, postage prepaid, return receipt requested, addressed to the address of the party as set for th below or at any other address as that party may later designate by Notice. Notice shall be effective upon delivery to the addresses specified below or on the third business day following deposit with the document delivery service or United States Mail as provided above. Mailing Address: City of Santa Ana 20 Civic Center Plaza, M-28 Risk Management, 4th Floor Santa Ana, CA 92701 AND City Clerk City of Santa Ana 20 Civic Center Plaza, M-30 Santa Ana, CA 92702 To Consultant: Arthur J. Gallagher & Co., Insurance Brokers of California., Inc. Susan J. Blankenburg San Francisco, CA 94111 415-536-8417 Susan_Blankenburg@ajg.com 8. ASSIGNMENT The Consultant shall not assign the performance of this Agreement, nor any part thereof, nor any monies due hereunder, without prior written consent of the City. Upon termination of this Agreement, Consultant's sole compensation shall be payment for actual services performed up to, and including, the date of termination or as may be otherwise agreed to in writing between the City Council and the Consultant. 9. LICENSES At all times during the term of this Agreement, Consultant shall have in full force and effect, all licenses required of it by law for the performance of the services described in this Agreement. 10. GOVERNING LAW The City and Consultant understand and agree that the laws of the State of California shall govern the rights, obligations, duties and liabilities of the parties to this Agreement and also govern the interpretation of this Agreement. Any litigation concerning this Agreement shall take place in the municipal, superior, or federal district court with geographic jurisdiction over the City of Santa Ana. In the event such litigation is filed by one party against the other to enforce its rights under this Agreement, the prevailing party, as determined by the Court's judgment, shall be entitled to reasonable attorney fees and litigation expenses for the relief granted. 11. ENTIRE AGREEMENT This Agreement contains the entire understanding between the parties relating to the obligations of the parties described in this Agreement. All prior or contemporaneous agreements, understandings, representations and statements, oral or written, are merged into this Agreement and shall be of no further force or effect. Each party is entering into this Agreement based solely upon the representations set forth herein and upon each party's own independent investigation of any and all facts such party deems material. 12. AUTHORITY TO EXECUTE THIS AGREEMENT The person or persons executing this Agreement on behalf of Consultant warrants and represents that he or she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder. The Risk Management Department is authorized to enter into an amendment on behalf of the City to make the following non-substantive modifications to the agreement: (a) name changes; (b) extension of time; (c) non-monetary changes in scope of work; (d) agreement termination. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written. CITY OF SANTA ANA Arthur J. Gallagher & Co. By: By: Kristine Ridge City Manager Michael Gallagher, Area President ATTEST: By: Jennifer Hall City Clerk APPROVED AS TO FORM: Sonia R. Carvalho City Attorney By: Laura A. Rossini CONSULTANT Chief Assistant City Attorney Arthur J. Gallagher & Co. Susan J. Blankenburg 1255 Battery Street, Suite 450 San Francisco, CA 94111 (415) 536-8417 Susan_Blankenburg@ajg.com PM Initials: Date: CLIENT SERVICE AGREEMENT EXHIBIT A The following outlines Services provided by Gallagher over the term of this Agreement:  Use its best efforts to secure the following lines of insurance coverage on Client's behalf: o List of Insurance Placements:  Underground Storage Tanks  Excess Liability (Buffer)  Excess Workers' Compensation (Buffer)  Terrorism  Difference in Conditions (Earth Movement & Flood)  Work with Client to prepare comprehensive underwriting data and criteria for insurance carrier negotiations.  Formally present coverage submissions to agreed upon insurance carrier(s) and negotiate terms on behalf of Client.  Summarize the results of executing the marketing strategy developed with Client and communicate program recommendations.  Provide consultation to Client on exposures, existing coverage, and the desirability and/ or feasibility of potential program changes, retention and data analysis as recommended by Gallagher.  Request change endorsements, when requested by the Client or when otherwise necessary, ensuring accuracy and delivery in a timely manner.  Administration of insurance program (only if applicable), including policy review and issuance, invoicing, coordination and/ or issuance of required documentation, i.e., certificates of insurance, and other program administration, as required by the Client.  Review accounting and billing data; audit information from insurance carriers to ensure accuracy.  Other Services: o Risk Control Services o Loss control consultation and claim advocacy o Certificate Tracking